This will be a personal matter, depending on whether it will be helpful for finishing or sharpening. However, it is a good idea to look beyond your current use of this space to the next owner. Would it be beneficial to add plumbing hookups so that the shop could someday be an apartment, or an art studio, or an extension to your house? It could add to the resale value of your house to be able to create as flexible an area as possible by roughing in a bathroom and even a kitchenette area if you can. If this is done when wall cavities are open or before the slab is poured, your forethought could pay dividends but not cost much up front.
A board is considered “quarter-sawn” when the growth rings run, more or less, perpendicular to the face of the board. Quarter-sawn boards generally have straight grain and are less prone to shrinkage, compared to other boards. These factors don’t come into play with the 2x4s you use to frame a closet—but it does with the shelves and cabinetry you put into that closet; you want those boards to remain straight, flat and stable.
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In the above video James "Jim" Huggett shares a recent tour of his Furniture Making workshop in Earlysville, Virginia, just a few miles from the Wood And Shop Traditional Woodworking School. Jim reached out to me over a year ago, after he learned that my shop & school were just down the road from him. I dropped by his workshop (J.F. Huggett Custom Furniture), and was amazed that such an accomplished and skilled furniture maker